The main argument against it is that you could use that money to continue investing and make a better return, but if you aren't going to use it for investing anyway and it helps you sleep at night go for it. 

It's a lot of back and fourth, but I am guessing the main issue you have is you didn't get your property lead certified ya?

There are many factors to consider when investing in any market, but the main things I work with my clients on are price point, level of rehab, exit strategy, and risk tolerance. 

Maybe you are crushing it so much it is now your main revenue driver.  

Most of my clients that invest in Jax are mainly doing fix and flips.

These are the main reasons so many investors have turned to these types of commercial mortgages.

As @Nick Harrington stated the main drawback as I see it is that you are buying at retail or very close to it.

I’m mainly focused on fix-and-flip projects at the moment, so managing properties isn’t something I’m actively pursuing right now.

But we've got members from CA, Maine, Detroit, Philly, Cheyenne, Iowa, New Orleans, Cleveland, DC, Virginia, Texas, Las Vegas, Annapolis, KC....so pretty much all over.

It might make more sense to hire someone full-time on the ground to manage the day-to-day.For tools/systems I think you're going to be looking at the main property management software providers.